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well there is going to be disconnected since that is the same disconnect that's going on in greece the same one that's going on in spain and ireland and portugal and in italy so yeah the disconnect is going to be there there's not going to be any money for them there aren't going to be any jobs and these are the things that revolutions are made of and we're going to see more of it you know its bonds away in twenty thirty eight and dr paul craig roberts one of our contributing editor to the trends journal is going to be writing an extensive piece on that he says the bond bubble is ready to burst so these kids are going into this society and there's nothing in front of them that gives them any optimism i mean they don't even believe in hoping change anymore so what we're going to see when the when you look around europe for example max you have unemployment rates among the youth that's over fifty percent in spain in greece it's approaching that in italy in portugal and they're going to have the same thing in the united states you have these young people with their hormones raging in thei
well there is going to be disconnected since that is the same disconnect that's going on in greece the same one that's going on in spain and ireland and portugal and in italy so yeah the disconnect is going to be there there's not going to be any money for them there aren't going to be any jobs and these are the things that revolutions are made of and we're going to see more of it you know its bonds away in twenty thirty eight and dr paul craig roberts one of our contributing editor to the...
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in fact when we have this what's happening in greece spain. but. poor to go when this single hits the norse in european countries any it will inevitably maybe north german maybe not germany because germany has a very sound economy they have their export mall though they're doing a strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe with the exception of germany and scandinavia is not then we're going to have sort of he. movement inside western europe as well and this is going to happen within the next few years all right gentlemen because the model itself is unsustainable right gentlemen to jump in here we're going to go to a short break and after that short for a book continue our discussion on the west stay with our. mission. could you take three. three. three. three. three. three vote video for your media project a free card. gold fever. turns thousands into slaves. my father but also among brothers involved in the mines and since i started working in a mine i stated i look at it and feel m
in fact when we have this what's happening in greece spain. but. poor to go when this single hits the norse in european countries any it will inevitably maybe north german maybe not germany because germany has a very sound economy they have their export mall though they're doing a strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe with the exception of germany and scandinavia is not then we're going to have sort of he. movement inside...
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in fact when we have this what's happening in greece spain parts of italy but. portugal when they sing hits the norse in european countries any it will inevitably maybe not german maybe not germany because germany has a very sound economy they have their export mall though they are doing a strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe with exceptional about germany and scandinavia is not then we going to have sort of the. wall street movement inside western europe as well and this is going to happen within the next few years because the model itself is unsustainable i'm going to jump in here we're going to go to a short break and after that short break we'll continue our discussion on the west stay with our. experience before series with the. nation. day. to make. him the flying. speak your language. they will not advance. news programs and documentaries and spanish what matters to you breaking news a little tonnage of angola's kidneys stories. you hear. that all teach spanish find out more visit eye
in fact when we have this what's happening in greece spain parts of italy but. portugal when they sing hits the norse in european countries any it will inevitably maybe not german maybe not germany because germany has a very sound economy they have their export mall though they are doing a strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe with exceptional about germany and scandinavia is not then we going to have sort of the. wall street...
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Dec 27, 2012
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similarly in greece. so, you had executives coming to greece, bribing politicians. the greek government -- they did not listen. then 2008. the conservative prime minister, he is not a stupid man. he was a terrible prime minister, but he is not a stupid man. you know what he did? he bailed out. he has not spoken since. he affectively called for a general election. he did not contest it. it was much worse than obama's first debate. he appeared before them and was like "don't vote for me." he lost that election. he did not have to call for that election. he called for it to lose it, to stay at home. he has not spoken since. he is having a nice holiday. and then there was papandreou. i was an advisor up until 2006. so i am not to blame. who was a 2006. -- who unfortunately, he did not see the crisis of the eurozone collapsing. the eurozone had no foundation. there was an earthquake. it starts unraveling with greece. now, let's say between 1995 and 2008 god and his angels descended on an athens and ran the show. with rationality, omniscience, ethos, and morality. greece
similarly in greece. so, you had executives coming to greece, bribing politicians. the greek government -- they did not listen. then 2008. the conservative prime minister, he is not a stupid man. he was a terrible prime minister, but he is not a stupid man. you know what he did? he bailed out. he has not spoken since. he affectively called for a general election. he did not contest it. it was much worse than obama's first debate. he appeared before them and was like "don't vote for...
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with me dmitri medvedev and co a large loophole has been discovered in greece's tax system and battled money amounts to twenty eight billion euros per year and that's equal to around fifteen percent of the troubled economies g.d.p. the international monetary fund is blaming businessmen government officials and even actors for neglecting to pay what the country but apparently the fund believes it is impossible to return all of that money and suggest to write down fifty percent of this same time it's also adopting a law to automate the system suggest adopting a law which would be ducked the necessary sum from the embezzlers bank account. rise quickly take a look at the markets it was a very very quiet day of course most market closed two steps forward one step back for russia's ruble it has lost around three quarters of watergate and on monday against both the dollar and the euro now on the russian markets it seems not a creature was stirring not even a mouse russia traditionally celebrates christmas on the seventh of january so tuesday was a working day but because it was pretty much th
with me dmitri medvedev and co a large loophole has been discovered in greece's tax system and battled money amounts to twenty eight billion euros per year and that's equal to around fifteen percent of the troubled economies g.d.p. the international monetary fund is blaming businessmen government officials and even actors for neglecting to pay what the country but apparently the fund believes it is impossible to return all of that money and suggest to write down fifty percent of this same time...
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Dec 19, 2012
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this shows that greece can meet its financial commitments. i spoke to the fellow at the peterson institute for international economics. >> i think was s&p is catching up to is the improved political goodwill in the rest of the euro area towards the greek economy. yesterday, greece got 34 billion euros as a quid pro quo for having implemented a long list of reforms and fiscal austerity. s&p as saying, we expect this money to continue to flow from up euro area. nd we expect thre greek government to continue to implement economic reforms in the future. >> does this upgrade change anything for grece in rea ?ce ter >> the greek exit from the euro area is an extremely unlikely event, precisely for the reason s&p outlined -- that the euro area has politically decided to keep greece in the euro area. this is not something that will make a big difference in the short term, but because it does not reflect a change in the domestic economy in greece. it's equally important, it does not really change anything with respect to the european central bank, bec
this shows that greece can meet its financial commitments. i spoke to the fellow at the peterson institute for international economics. >> i think was s&p is catching up to is the improved political goodwill in the rest of the euro area towards the greek economy. yesterday, greece got 34 billion euros as a quid pro quo for having implemented a long list of reforms and fiscal austerity. s&p as saying, we expect this money to continue to flow from up euro area. nd we expect thre...
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some my eurozone members and habitable at this point you know so you know so you don't believe that greece is going to leave the euro zone in the near future but no i don't i think the years i will find its way through to a stable resolution in which the financial system is robust which only which growth will slowly build up but this does require addressing some particular issues about competitively of different markets and how do you think that should be addressed i think it will be a matter of slow. adjustment of a number of different economic regions and it's important that those issues are addressed so what do you think would be the specific solution how do you think that should be tackled specifically with greece you know the issue that's on everyone's agenda right now. what do you think is the best solution in that particular case and does seem like somebody would have to take the loss who do you think it should be clearly the very significant problems in the greek economy and a lot of progress has been made there are a number of adjustments that have to be made i think it's also wor
some my eurozone members and habitable at this point you know so you know so you don't believe that greece is going to leave the euro zone in the near future but no i don't i think the years i will find its way through to a stable resolution in which the financial system is robust which only which growth will slowly build up but this does require addressing some particular issues about competitively of different markets and how do you think that should be addressed i think it will be a matter...
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Dec 31, 2012
12/12
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a much smaller number have made their way to greece. this report from lesbos just off the coast of turkey. >> the immigrants who wash ashore on the greek islands are now struggling with their first european winter. they are somalis, afghanistan annies, and, increates -- increasingly, syrians. all at a camp run by volunteers who provide food and shelter the this is ahmed, who has just arrived from aleppo with a vague plan to find his brothner athens. >> our life is destroyed in syria. we cannot stay in syria. the war airplanes float in the sky and bombing the houses, we cannot stay in syria. >> the turkish mainland is not far behind me. it's not far away but the journey is very dangerous. the boats supplied by people smugglers are often old and in bad condition, and at this time be year the seas could be very rough. not everyone makes it across. these were afghanis. more than 20 drowned. here is the only survivor, who was fished half-dead and freezing cold out of the sea by greek coast guards. now trying to call friends and family to tel
a much smaller number have made their way to greece. this report from lesbos just off the coast of turkey. >> the immigrants who wash ashore on the greek islands are now struggling with their first european winter. they are somalis, afghanistan annies, and, increates -- increasingly, syrians. all at a camp run by volunteers who provide food and shelter the this is ahmed, who has just arrived from aleppo with a vague plan to find his brothner athens. >> our life is destroyed in...
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Dec 4, 2012
12/12
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euro president said the region's financial authorities will monitor greece's bond buying back program. he says the finance ministers will sign off in the next round of loans t greece wn they meet again on december 13th. the ministers also talked about spain. they decided to provide up to nearly $40 billion euros. they're decision came after the bailout fund to sure up its constituti institutions. the nikkei average at 9,434. that's a loss of one-fourth of a percent. the dollar is slightly losing ground. dollar yen changing hands at 82.13 to 17. euro stands at 107.19 to 24. analysts say investors are selling the dollar following the release of u.s. manufacturing data. it was the lowest in almost three and a half years. more investors are showing interest in the weakening yen. taking a look at other markets, south korea's kospi is trading lower. let's take a look at australia. it's trading lower by almost a third of a percent. there's hope for floundering bas bas basic electronics firm sharp. the firm is expected to receive part of the that sum as early as this month. sharp is forecasti
euro president said the region's financial authorities will monitor greece's bond buying back program. he says the finance ministers will sign off in the next round of loans t greece wn they meet again on december 13th. the ministers also talked about spain. they decided to provide up to nearly $40 billion euros. they're decision came after the bailout fund to sure up its constituti institutions. the nikkei average at 9,434. that's a loss of one-fourth of a percent. the dollar is slightly...
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Dec 11, 2012
12/12
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there is no argument there as there wasn't for greece. we know the countries, italy, greece is in a crisis and it's a crisis due to lack of competitiveness. going back to the currency, under the currency they create a wave of all sorts of problems including inflation and i think it is not a good route. >> well, i do rather agree with paula on this one. the problem with the euro is it gives you easy and quick solutions. and we're going to keep developing your currency. as you go back to the old days where you keep lowering your currency and you pay relatively high rates on your debt. so the appeal of the euro in the beginning was, oh, chief debt. it looked like christmas. now we're discovering that that regime, a ten-year regime where many peripheral countries got hammered. only germany sort of really held it together. now we have to look at how to undo this. for countries who have no ambition about their future, then maybe the policy is the way to go. italy had so many things going for it that falling back, that seems almost -- >> how abo
there is no argument there as there wasn't for greece. we know the countries, italy, greece is in a crisis and it's a crisis due to lack of competitiveness. going back to the currency, under the currency they create a wave of all sorts of problems including inflation and i think it is not a good route. >> well, i do rather agree with paula on this one. the problem with the euro is it gives you easy and quick solutions. and we're going to keep developing your currency. as you go back to...
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Dec 29, 2012
12/12
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greece and spain were the worst hit. >> eventually, it was the european central bank's controversial bond-buying program that manage to come down the markets -- calm down the markets. >> germany's finance minister says he thinks the worst is behind us. is he right? >> the wildfires in 2012 were the worst spain had experienced in years, but it was not the only disaster the country had to deal with. the financial sector was also in flames. right from the beginning of the year, it was clear that the eurozone had a tough time ahead. credit rating agencies handed out significant downgrades to spain and portugal in particular. europe's firefighting coalition of finance ministers hoped a fiscal pact with tight budgetary controls and national debt breaks would need future crises in the bud, but some economists were more realistic. >> the fiscal pact was basically superfluous. we already knew that all the countries were trying to cut back. weather or not they continue making cuts in 2018, which is what the fiscal pact promise, is of little interest to the markets. >> agrees also posed a chall
greece and spain were the worst hit. >> eventually, it was the european central bank's controversial bond-buying program that manage to come down the markets -- calm down the markets. >> germany's finance minister says he thinks the worst is behind us. is he right? >> the wildfires in 2012 were the worst spain had experienced in years, but it was not the only disaster the country had to deal with. the financial sector was also in flames. right from the beginning of the year,...
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i think there are a considerable number of people who would like to cut greece loose at this juncture a because it's probably the most humane thing to do but second of all because ultimately the greek government has simply field to do anything that has really been supposed to do in terms of privatization and so on many times it's enacted legislation but failed to follow through the taxation system in greece is broken all of these sorts of horrible things lead us to the fact that greece is governed in a third world fashion at the moment not in a first world fashion and that ultimately is causing a huge amount of frustration with a great many e.u. finance ministers some of them because they've got lots of money such as say germany and poland and so on some of them because they've actually taken their medicine the poor irish twenty five thousand people on the streets of dublin at the weekend complaining about your stereotype medicine they've had to get annoyed they're hearing that the greeks are going to get all manner of concessions in order to be allowed to get through the next hurdle
i think there are a considerable number of people who would like to cut greece loose at this juncture a because it's probably the most humane thing to do but second of all because ultimately the greek government has simply field to do anything that has really been supposed to do in terms of privatization and so on many times it's enacted legislation but failed to follow through the taxation system in greece is broken all of these sorts of horrible things lead us to the fact that greece is...
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together they'll need around twenty seven billion euros worth of loans to stay afloat greece has been relying on international bailout fund since twenty tenors economists dimitrius you're not police says it's orderly greeks who are bearing the brunt of the bank's losses the loans on which. this recapitalization of the bank sector is going to decrease are coming from the the troika the e.u. the i.m.f. and the e.c.b. and they are going to be aid they're going to be part of the and it national debt which is going to be paid by the greek taxpayer and we had forty thousand small businesses closing in closing this year alone three hundred additional thousand of job losses as a total unemployment rate of twenty six percent so we have really. on the one hand austerity on the other hand the bank inability to provide liquidity for the market. gracefully preparing for another year of painful cuts and tax hikes them but for a wider outlook where the global economy stands at the end of twenty twelve we ask each of the cards report to get a moment thirty pm g.m.t. . it's been five years since the b
together they'll need around twenty seven billion euros worth of loans to stay afloat greece has been relying on international bailout fund since twenty tenors economists dimitrius you're not police says it's orderly greeks who are bearing the brunt of the bank's losses the loans on which. this recapitalization of the bank sector is going to decrease are coming from the the troika the e.u. the i.m.f. and the e.c.b. and they are going to be aid they're going to be part of the and it national...
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Dec 28, 2012
12/12
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no mosques have been built in athens since christian greece gained independence in 1832, the omi e.u. capital without. but could that change? this was the site chosen for the first mosque. but previous promises have come to nothing in there is a financial crisis. >> there was a fear in the greek society about the construction of a mosque. we must overcome these fears. it is the commitment of the greek state about the construction and commitment. >> there is still resistance. well over 90% of greeks are orthodox christians. while many accept the moscow plan, many are opposed, resentful of mass migration here. >> greece fought hundreds of centuries of terrorism -- of tyranny by muslims. we totally oppose this. >> pride in their own faith is clear, but can they resist the respect of the other? this is a country where religion is intrinsic to national identity, where church and state are intimately linked. the questions for today's greece is what kind of state is willing to become, how tolerant, how multicultural. looking,ore inward more fearful, but greece must now decide whether to exte
no mosques have been built in athens since christian greece gained independence in 1832, the omi e.u. capital without. but could that change? this was the site chosen for the first mosque. but previous promises have come to nothing in there is a financial crisis. >> there was a fear in the greek society about the construction of a mosque. we must overcome these fears. it is the commitment of the greek state about the construction and commitment. >> there is still resistance. well...
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Dec 29, 2012
12/12
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no mosques have been built in athens since christian greece gained independence in 1832, the omi e.u. capital without. but could that change? this was the site chosen for the first mosque. but previous promises have come to nothing in there is a financial crisis. >> there was a fear in the greek society about the construction of a mosque. we must overcome these fears. it is the commitment of the greek state about the construction and commitment. >> there is still resistance. well over 90% of greeks are orthodox christians. while many accept the moscow plan, many are opposed, resentful of mass migration here. >> greece fought hundreds of centuries of terrorism -- of tyranny by muslims. we totally oppose this. >> pride in their own faith is clear, but can they resist the respect of the other? this is a country where religion is intrinsic to national identity, where church and state are intimately linked. the questions for today's greece is what kind of state is willing to become, how tolerant, how multicultural. looking,ore inward more fearful, but greece must now decide whether to exte
no mosques have been built in athens since christian greece gained independence in 1832, the omi e.u. capital without. but could that change? this was the site chosen for the first mosque. but previous promises have come to nothing in there is a financial crisis. >> there was a fear in the greek society about the construction of a mosque. we must overcome these fears. it is the commitment of the greek state about the construction and commitment. >> there is still resistance. well...
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system within the next few years is not even decades in fact when we have this what's happening in greece spain parts of italy. portugal when this sink hits the norse in european countries any it will inevitably maybe not german maybe not germany because germany has a very sound economy they have their export model they're doing a strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe with the exception of germany and scandinavia is not then we going to have sort of the occupy wall street movement inside western europe as well and this is going to happen within the next few years our economy because the model itself is unsustainable right gentlemen to jump in here we're going to go to a short break and after that short for a book continue our discussion on the west stay with our. deadly rivals the decades. if you had fifteen thousand people killing each other in any other country there would be diplomats there would be mediators. self-imposed out costs from society i will contact myself chemical attack my brother understand my contact i
system within the next few years is not even decades in fact when we have this what's happening in greece spain parts of italy. portugal when this sink hits the norse in european countries any it will inevitably maybe not german maybe not germany because germany has a very sound economy they have their export model they're doing a strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe with the exception of germany and scandinavia is not then...
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. >> now from the conflict in syria to the new politics of egypt, from protests in greece to the amazing olympics of london, as the year draws to a close, we'll look back at 2012 and some of the event that changed our world. -- event that changed our world -- events that changed our world. >> that was scary, wasn't it? >> that was scary. >> welcome to syria. >> a farmer goes hungry so his children can eat. they only get one soon, so each must wait his turn. -- one spoon, so each must wait his turn. >> for the spiders, the liberation has always been their ultimate goal. -- these fighters, the liberation has always been their ultimate goal. >> week meet members of the country's newest rebel army, known as -- we meet members of the country's newest rebel army, known as m23. this is their main base, about 5 kilometers away. >> some of the most isolated communities and tributaries provide the most surprises. the population of the village is 208. we're reminded that environmental decisions made today can impact the next generation. >> we did find some significant [inaudible] >> ♪ ["gangnam s
. >> now from the conflict in syria to the new politics of egypt, from protests in greece to the amazing olympics of london, as the year draws to a close, we'll look back at 2012 and some of the event that changed our world. -- event that changed our world -- events that changed our world. >> that was scary, wasn't it? >> that was scary. >> welcome to syria. >> a farmer goes hungry so his children can eat. they only get one soon, so each must wait his turn. -- one...
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in fact when we have this what's happening in greece spain. portugal when this single hits the norse in european countries any it will inevitably maybe north german maybe not germany because germany has a very sound economy they have their export malled all they're doing is strategic alliances with russia in terms of oil and gas they are sustainable but the rest of europe with exception of germany and scandinavia is not then we're going to have sort of he. was three movement inside western europe as well and this is going to happen within the next few years all right gentlemen because the market itself is unsustainable going to jump in here we're going to go to a short break and after that continue our discussion on the west stay with our. for. thousands to see its. cash cow to be dry i think that in this country. as an environmental cost which is unacceptable local business is labeled illegal and controlled by criminals in order to protect our lives our families and to work in peace. we are forced to pay protection to illegal groups prices co
in fact when we have this what's happening in greece spain. portugal when this single hits the norse in european countries any it will inevitably maybe north german maybe not germany because germany has a very sound economy they have their export malled all they're doing is strategic alliances with russia in terms of oil and gas they are sustainable but the rest of europe with exception of germany and scandinavia is not then we're going to have sort of he. was three movement inside western...
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what's happening in greece spain parts of. porch ago when this singer hits the norse in european countries any it will inevitably maybe not german maybe not germany because germany has a very sound economy they have their export mall though they are doing a strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe with the exception of about germany and scandinavia is not then we going to have sort of. by wall street movement inside western europe as well and this is going to happen within the next few years all right gentlemen because the market itself is unsustainable going to jump in here we're going to go to a short break and after that short break but continue our discussion on the west stay with our. well with. this month's high tech means could help whether it be the latest laser cutters or lifesaving heart rushing innovators are working hard to keep you healthy for some companies it's been a winding road from car simulators to cutting edge streaming systems for others i
what's happening in greece spain parts of. porch ago when this singer hits the norse in european countries any it will inevitably maybe not german maybe not germany because germany has a very sound economy they have their export mall though they are doing a strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe with the exception of about germany and scandinavia is not then we going to have sort of. by wall street movement inside western...
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you're going to share with us something you ok oh right now this one has come from a little boy in greece he says exactly what he wants for christmas and for twenty thirty. the christmas i would really like a fiscal policy which would see my country's debt be would you see one hundred twenty four percent of our annual output on twenty twenty i know that this is a big ask but it will still be international money. getting infant more annoyed with us although we didn't make the whole thirty billion euros worth of savings we promised just recently we did try very hard. dimitri said marise. well who else has been writing to you oh well this one has come from somebody not too far away from where we are right now this is come from a little girl and perlin with her christmas wishes for twenty thirty. dear santa thank you for the positive economic growth i asked for last year it has been very helpful this year it would be great if we could have more of the same just is there a way we can give less of our money away to the eurozone countries all the best angle america p.s. i also want to win the ge
you're going to share with us something you ok oh right now this one has come from a little boy in greece he says exactly what he wants for christmas and for twenty thirty. the christmas i would really like a fiscal policy which would see my country's debt be would you see one hundred twenty four percent of our annual output on twenty twenty i know that this is a big ask but it will still be international money. getting infant more annoyed with us although we didn't make the whole thirty...
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stock markets of some of the most troubled european countries are among the best performers indices of greece spain portugal and italy that were singled out in a group of countries called pigs grew on average by around thirty percent in the second half of this year while russia is my sex gay dual just a third of this let's speak more details with our correspondent on a particular was looking closer at the story so what is going on well dmitri it looks like all the european pigs contra's turned out to be very bullish this year they did make investors happy and those who bet on them and invested into their indices could earn up to forty percent just in the second half of the year where was that was now wasn't greece and if you remember the contra stock market plummeted like fifty percent last year and all of the other big countries such as portugal italy and spain all gave that about twenty percent and even more well in russia we have seen over this period minor growth ten eleven percent does that actually mean that investor focus is switching from bricks to pigs in the investors and analysts i
stock markets of some of the most troubled european countries are among the best performers indices of greece spain portugal and italy that were singled out in a group of countries called pigs grew on average by around thirty percent in the second half of this year while russia is my sex gay dual just a third of this let's speak more details with our correspondent on a particular was looking closer at the story so what is going on well dmitri it looks like all the european pigs contra's turned...
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samaras says the visit comes less than two weeks after greece's creditors are greed to extend billions in additional financing constitutional professor george. believes that the way. the union chose to deal with a crisis is unsustainable. so most caused me to stone walling says listen. but unfortunately. not only. didn't it isn't easy to go without control just that you good example even of the international monetary fund. as a state without a huge here but of course it's real easy for mrs mature to so such a policy to the german taxpayers so. this soon will you serious usual more of more stuff in for people with a clear will go to the. well is the e.u. pursuing the goal of a united europe at the expense of individual nations the take center stage in the latest round of peter lavelle's cross-talk later on today. of course the european union has to be based on subsidy or it's a principle which means that the decisions are made close as possible to the set of cents on the other hand or is that a case is that the case song sure thing is that the case let me finish all right go ahead yeah
samaras says the visit comes less than two weeks after greece's creditors are greed to extend billions in additional financing constitutional professor george. believes that the way. the union chose to deal with a crisis is unsustainable. so most caused me to stone walling says listen. but unfortunately. not only. didn't it isn't easy to go without control just that you good example even of the international monetary fund. as a state without a huge here but of course it's real easy for mrs...
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twelve million euros from greece's tourist industry just when the country needs it most the reporter who's played at r.t. don't. dozens of jailed activists in bahrain who took part in anti-government protests have had their sentences reduced but the opposition's keeping up the pressure repeating its demands for the immediate release total release of all political prisoners. he spoke to some of the activists about what lies behind the unrest. when it came to supporting calls for democracy in middle east or north african states while denouncing government sponsored violence leaders of the west were vocally critical from our graphic has lost legitimacy to lead and he must leave out a very clear message for president which is it is time for him to go but when scenes of violent clashes between riot police and reform complainer scheme from bahrain the definition of democracy shifted and rhetoric softened. in the summer of the us state department came up with a statement expressing its concerns over the human rights situation and alleged torture in bahrain this was only several months after
twelve million euros from greece's tourist industry just when the country needs it most the reporter who's played at r.t. don't. dozens of jailed activists in bahrain who took part in anti-government protests have had their sentences reduced but the opposition's keeping up the pressure repeating its demands for the immediate release total release of all political prisoners. he spoke to some of the activists about what lies behind the unrest. when it came to supporting calls for democracy in...
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Dec 28, 2012
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for greece as a whole, it means that and more. the headlines are about finance ministers, debt deals, austerity measures. but it's become clear that he problem here in greece now goes well beyond just the economy. as a recent european commission report says: after years of weak growth, the crisis is now having severe social consequences. look up and you still see the ancient acropolis, symbol of a glorious past. and some parts of the city bustle with holiday energy. but not far away: closed-up storefronts. and, further below the surface, this: a health clinic set up by the greek branch of the international aid group, doctors of the world to serve the country's newly poor. dr. nikitis kanakis is its director. >> brown: kanakis group, in fact, had to cut back some of its work in africa because of the needs at home. here in perama, unemployment tops 50% as the shrinking economy has crippled much of the local shipping industry. at the same time, the deeply indebted greek government has made dramatic budget cuts, including to health be
for greece as a whole, it means that and more. the headlines are about finance ministers, debt deals, austerity measures. but it's become clear that he problem here in greece now goes well beyond just the economy. as a recent european commission report says: after years of weak growth, the crisis is now having severe social consequences. look up and you still see the ancient acropolis, symbol of a glorious past. and some parts of the city bustle with holiday energy. but not far away: closed-up...
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german electorate the most important thing is that germany is not just writing a check to the likes of greece spain portugal ireland those countries that have been bailed out of spain hasn't formally been bailed out but for those countries that have requested for bell outs from the eurozone. the fact that she has refrained from sort of right writing off of debts and things of that is that's the key. issue for german voters at the moment she hasn't done yet so. she has to her advantage but as mentioned you know of course these these economic numbers certainly need good. cause much good now better numbers have been announced for two thousand and fourteen forecast is that growth will come back to one point nine percent now do you see that happening and. why would that happen well i think it's quite ambitious and certainly if you look at the growth forecast for other countries in the eurozone as well in the u.k. various forecasters thinking that the u.k. could grow as much as two percent in two thousand and fourteen say one point nine percent in germany looks ambitious as well. let's not forget s
german electorate the most important thing is that germany is not just writing a check to the likes of greece spain portugal ireland those countries that have been bailed out of spain hasn't formally been bailed out but for those countries that have requested for bell outs from the eurozone. the fact that she has refrained from sort of right writing off of debts and things of that is that's the key. issue for german voters at the moment she hasn't done yet so. she has to her advantage but as...
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forty percent in the second half of the rightly so you know the second half of this year that's in greece and if you remember the country plummeted more than fifty percent last year and the audit pigs contra such as portugal italy and spain they all gained more than twenty percent in the second half but russia at the same time hasn't been moving anywhere as at the past couple of months i mean does that mean that investor focus is now going from the brics to the pigs right inverses i've spoken to they see.
forty percent in the second half of the rightly so you know the second half of this year that's in greece and if you remember the country plummeted more than fifty percent last year and the audit pigs contra such as portugal italy and spain they all gained more than twenty percent in the second half but russia at the same time hasn't been moving anywhere as at the past couple of months i mean does that mean that investor focus is now going from the brics to the pigs right inverses i've spoken...
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and now says greece's creditors might need to take losses is that support for athens the right move from her. well what was agreed in one of the last summit meetings was a cocktail of measures and that these measures are not really the thing that where that what for example the international monetary fund recommended to to do have cut and this is america obviously avoided any terms to have a haircut because that would have an immediate effect on the german budget and on the german taxpayer and since we have elections in germany next year she's avoiding to have any tax money involved although the risk that it will be text money is there so despite the party losses in recent state elections are held remains pretty popular a cartoon in a german newspaper depicted just as her face at a party's program how much is that to do with personality over policy well it has a lot to do that in crisis times people always flock around the strong leaders and secondly it has to do with the fact that america is following a policy called tina there is no alternative there is neither in the union in the
and now says greece's creditors might need to take losses is that support for athens the right move from her. well what was agreed in one of the last summit meetings was a cocktail of measures and that these measures are not really the thing that where that what for example the international monetary fund recommended to to do have cut and this is america obviously avoided any terms to have a haircut because that would have an immediate effect on the german budget and on the german taxpayer and...
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Dec 28, 2012
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no mosques have been built in athens since christian greece gained independence in 1832 the omi e.u. capital without. but could that change? this was the site chosen for the first mosque. but previous promises have come to nothing in there is a financial crisis. >> there was a fear in the greek society about the construction of a mosque. we must overcome these fears. it is the commitment of the greek state about the construction and commitment. >> there is still resistance. well over 90% of greeks are orthodox christians. while many accept the moscow plan, many are opposed resentful of mass migration here. >> greece fought hundreds of centuries of terrorism -- of tyranny by muslims. we totally oppose this. >> pride in their own faith is clear, but can they resist the respect of the other? this is a country where religion is intrinsic to national identity, where church and state are intimately linked. the questions for today's greece is what kind of state is willing to become, how tolerant, how multicultural. they're more inward looking more fearful but greece must now decide whether
no mosques have been built in athens since christian greece gained independence in 1832 the omi e.u. capital without. but could that change? this was the site chosen for the first mosque. but previous promises have come to nothing in there is a financial crisis. >> there was a fear in the greek society about the construction of a mosque. we must overcome these fears. it is the commitment of the greek state about the construction and commitment. >> there is still resistance. well...
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bar varia in an attempt to restore some faith and athens his trip to the german region comes after greece seven motion a complex financial operation to buy back some of the country's debt at reduced prices well the goal is to cut the national debt by around twenty billion euros in order to qualify for more financial aid from the e.u. and the i.m.f. summers's visit comes less than two weeks after greece's creditors agreed to extend billions in additional financing constitutional law professor george. must have but heard that name part of me believes the way the you can chew. to deal with a crisis as unsustainable. so much as cause me to stone well. listen. but unfortunately. it isn't easy to. control just that you go to example even to the international monetary fund. but of course it's real easy for you to so such a policy to the german taxpayers so. simple you serious usual. self and for people with. such. as the e.u. pushing the goal of a united europe at the expense of individual nations on the issue take center stage at the latest round of peter lavelle's crosstalk coming up. of the e
bar varia in an attempt to restore some faith and athens his trip to the german region comes after greece seven motion a complex financial operation to buy back some of the country's debt at reduced prices well the goal is to cut the national debt by around twenty billion euros in order to qualify for more financial aid from the e.u. and the i.m.f. summers's visit comes less than two weeks after greece's creditors agreed to extend billions in additional financing constitutional law professor...
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these demonstrations in greece along with the firing of molotov cocktails and clashes with the place the producers like to see the correspondents in the middle of a crowd which is great but then the crowd are shouting correspondents try to speak out everyone's very loud you can't hear anything that makes for good television. it's an incredible event covering it is pretty exciting you've got political elements you. force you've got the tragic human stories of people who are driven to desperation and pushed onto the streets to protest what they see as their livelihood you feel the way to pay back this most of. all people think it's about spain's crippling unemployment figures especially amongst the young about the cost of the state the services and then you really get a sense of just how angry how desperate people love to get the full of love that's doing to the country into you. in the middle of one of these big protest movements when the clashes break out. the economic crisis it is spend spend spend as people in the u.k. are making the most of seasonal cycles but it's fine if they th
these demonstrations in greece along with the firing of molotov cocktails and clashes with the place the producers like to see the correspondents in the middle of a crowd which is great but then the crowd are shouting correspondents try to speak out everyone's very loud you can't hear anything that makes for good television. it's an incredible event covering it is pretty exciting you've got political elements you. force you've got the tragic human stories of people who are driven to desperation...
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well greece's prime minister and his visitor to bavaria in an attempt to restore some faith in athens his trip to the wealthy german region came after greece sudden motion a complex financial operation to buy back some of the country's debt reduce prices the goal is to cut the national debt by around twenty billion euros to qualify for more financial aid from the european union and the international monetary fund samaras says visit comes less than two weeks after greece's creditors agreed to extend to billions in additional financing george catalysts an attorney and constitutional lawyer believes the way to the e.u. believes the way that the e.u. chose to deal with a crisis is unsustainable. but unfortunately. there's. a huge. if you do so such a lucid. german taxpayers show. you this simple you see this your usual more of more stuff in for people with glee i will go to. and the euro crisis is also a hot topic at r.t. dot com as we report on the thousands of spanish medical workers who are marching through my dread and protests against cut to health care as well as plans to sell off p
well greece's prime minister and his visitor to bavaria in an attempt to restore some faith in athens his trip to the wealthy german region came after greece sudden motion a complex financial operation to buy back some of the country's debt reduce prices the goal is to cut the national debt by around twenty billion euros to qualify for more financial aid from the european union and the international monetary fund samaras says visit comes less than two weeks after greece's creditors agreed to...
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so the financial pain for greece and europe in general doesn't seem to be going anywhere despite all the effort obvious cost talk show today asks whether nosediving and decline is a new trend for the whole western world and here's a preview of what's coming up for you at seven thirty g.m.t. . here's the problem is the inequality inside the western capitalist system in this inequality is being reproduced by the chinese like most of the time i am between also americans north and solves europe and china will never i travel inside . china i see the same mistakes they are committing that the west has been committing for the past twenty years and it's basically to apply new liberalism to china alexander you look like you disagree go ahead of course i disagree the problem is not inequality as in and of itself the problem is the degree of inequality and i have driven around the southwestern united states as well and of course there's impoverishment there but if you drive up and down the east course the united states you will find that between boston miami i mean there's an enormous degree of
so the financial pain for greece and europe in general doesn't seem to be going anywhere despite all the effort obvious cost talk show today asks whether nosediving and decline is a new trend for the whole western world and here's a preview of what's coming up for you at seven thirty g.m.t. . here's the problem is the inequality inside the western capitalist system in this inequality is being reproduced by the chinese like most of the time i am between also americans north and solves europe and...